Backstrom re-signs with the Capitals

[miller76 463]

This wasn't supposed to be news until Monday the 17th.

I saw this earlier, and was wondering what it could be. kuklas korner wondering what it was

Then was on yahoo, and found this. link with source

No significant contract details thus far.

tsn link

loks to be a 10 year 65-67 million dollar deal

Edited May 17, 2010 by miller76

[titanium2 867]

Think he got a Zetterberg like deal?

[miller76 463]

Think he got a Zetterberg like deal?

He may have gotten something similar. I bet it's a lengthy one.

[dat's sick 1,002]

Rumors has it around 6m per year, which would be an absolute steal for the Caps.

[Guest Lidstromboli]

[stevkrause 1,247]

Rumors has it around 6m per year, which would be an absolute steal for the Caps.

If that's the case, then that is a real good home town discount, like it was already said, probably giving up per year value for term...

[king_malice 17]

I heard on the radio this morning its a 7-10yr deal

[crotty99 302]

What do you guys think about all these long term deals being handed out? (if is indeed 7-10 years)

I understand the benefits to reducing the cap hit, but it seams like a dangerous move. I'm hoping the wings don't take too many deals like the ones we have for Mule and Z.

I really like Backstrom. Would be good to see him playing on a team with a proper system though haha. Regardless, Ovy and Backstrom are going to be a dangerous partnership for a very long time.

[SweWings 45]

Aftonbladet pretty much reports the rumours from the Washington Post which in turn is pretty much what you guys have been talking about:

7-10 years @ $6M+ per year.

[SweWings 45]

What do you guys think about all these long term deals being handed out? (if is indeed 7-10 years)

I understand the benefits to reducing the cap hit, but it seams like a dangerous move. I'm hoping the wings don't take too many deals like the ones we have for Mule and Z.

I really like Backstrom. Would be good to see him playing on a team with a proper system though haha. Regardless, Ovy and Backstrom are going to be a dangerous partnership for a very long time.

7-10 years isn't that bad though for this guy. Doesn't seem to get injured much, doesn't play a reckless style, has pretty good play-off point-totals and he's only going to be 23 this year. At the oldest, he'll be 33 at the end of the contract.

And like you say - keeping the Ovie-Backs pairing going for a while is not a bad idea.

[crotty99 302]

7-10 years isn't that bad though for this guy. Doesn't seem to get injured much, doesn't play a reckless style, has pretty good play-off point-totals and he's only going to be 23 this year. At the oldest, he'll be 33 at the end of the contract.

And like you say - keeping the Ovie-Backs pairing going for a while is not a bad idea.

That's true, he is still very young so it's far less risky than some of the others that are out there. I still am uncertain though, who knows what the cap state will be in 5 or 10 years. Not so much a comment on this deal but rather the general trend of long term contracts. But I guess that's a topic for another thread...

Edited May 17, 2010 by crotty99

[Frozen-Man 144]

What do you guys think about all these long term deals being handed out? (if is indeed 7-10 years)

I understand the benefits to reducing the cap hit, but it seams like a dangerous move. I'm hoping the wings don't take too many deals like the ones we have for Mule and Z.

I really like Backstrom. Would be good to see him playing on a team with a proper system though haha. Regardless, Ovy and Backstrom are going to be a dangerous partnership for a very long time.

I think that they can be really good for a team and for a player, from a players prospective I think it would concern me less to enter into a deal with a team like Detroit who has a good long term record of competing year in and year out and is in a good established hockey market. You know that Detroit will always put out a good product and the team is sound so to me there is less risk of ending up on on a bottom dweller team.

[king_malice 17]

I

I think these long term deals are the only way you can lock up great players now with the stupid cap, it lowers the hit,and gives the player the money he wants. like Kovy John Anderson the other day said Kovy is probably going to the KHL this off-season the rumor is he will be offered 3yrs 15mill per season tax free , so with the cap this deal is a no go on any team, unless you do like a 9yr 5 mill deal, i understand the reason for having the Cap in place, but i think it should be at least a 65-70mill cap. I just dont like when they say they do it for teams that dont have the money, well its obvious if the dont have the money the team is not in a Hockey market!. Like as s***ty as the Coyotes were last season, im from Hamilton and Hamilton sold out season tickets at the potential chance we were getting a NHL team, to prove to the NHL we were a hockey market. How Buttman thinks Kansas City,Vegas are better hockey markets then Hamilton,Winn,Quebec i dont know.

Edited May 17, 2010 by king_malice

[endemicWings 0]

I

I think these long term deals are the only way you can lock up great players now with the stupid cap, it lowers the hit,and gives the player the money he wants. like Kovy John Anderson the other day said Kovy is probably going to the KHL this off-season the rumor is he will be offered 3yrs 15mill per season tax free , so with the cap this deal is a no go on any team, unless you do like a 9yr 5 mill deal, i understand the reason for having the Cap in place, but i think it should be at least a 65-70mill cap. I just dont like when they say they do it for teams that dont have the money, well its obvious if the dont have the money the team is not in a Hockey market!. Like as s***ty as the Coyotes were last season, im from Hamilton and Hamilton sold out season tickets at the potential chance we were getting a NHL team, to prove to the NHL we were a hockey market. How Buttman thinks Kansas City,Vegas are better hockey markets then Hamilton,Winn,Quebec i dont know.

Backstrom is one of the few players who deserve this type of deal. I'd only take a handful of players before him if I was starting a team from scratch. Good move for the Caps, maybe they can win something during the next 7 years...

[40 Red Wings 13 1]

Nicklas Backstrom will be a Washington Capial for a very long time.

The club announced on Monday that the 22-year old forward has agreed to a 10-year contract. Financial terms of the deal were not disclosed, but the deal is believed to be in the $65-67M range.

TSN ->http://tsn.ca/nhl/story/?id=321824

[miller76 463]

10 year, and estimated to be 65-67 million

tsn

[Carman 387]

He deserves it. Great all around young player.

[SweWings 45]

10 year, and estimated to be 65-67 million

tsn

Not bad at all.

[Guest Lidstromboli]

backstrom > zetterberg

[hak 21]

That's a steal. Great great signing for the caps.

He will be 33 when the contract expires.

[titanium2 867]

Nearly same cap hit as Zetterberg.

[toby91_ca 620]

I think part of the thinking is that, because he's still young, signing to a 10 year contract is less of a risk than signing someone like Zetterberg or Franzen to lengthy contracts.

HOWEVER: I think there are two ways to look at it:

1 - Sure, with Backstrom, he is young and will be in his prime throughout the contract, likely less prone to injury and less prone to decline due to age....both of which you probably risk with guys like Zetterberg and Franzen.

2 - With Backstrom though, because he is young, you are likely stuck with that cap hit for the next 10 years for sure and depending on where the cap goes, it could get troublesome (good look very good too). With Zetterberg and Franzen, they may retire before the end of their contracts, therefore, Detroit may not be on the hook for those cap hits for as long.

[egroen 384]

Personally - If given the choice of only one, I would rather have Backstrom for 10 years at $6.7m than Ovechkin for 11 more at $9.5m.

[toby91_ca 620]

Personally - If given the choice of only one, I would rather have Backstrom for 10 years at $6.7m than Ovechkin for 11 more at $9.5m.

I don't know about that, but I can see an argument. Ovechkin is 2 years older right? He's the better play right now, but you never know how much more each will develop and the extra $3 million a year is a lot.

[Doc Holliday 1,888]

What do you guys think about all these long term deals being handed out? (if is indeed 7-10 years)

I understand the benefits to reducing the cap hit, but it seams like a dangerous move. I'm hoping the wings don't take too many deals like the ones we have for Mule and Z.

I really like Backstrom. Would be good to see him playing on a team with a proper system though haha. Regardless, Ovy and Backstrom are going to be a dangerous partnership for a very long time.

If inflation continues then those contracts won't look as big 8-10 years from now.